The World’s Freest Economies: America Barely Cracks the Top Ten

The Heritage Foundation has released its annual list of the world's freest economies and, wouldn't you know it, the Asia-Pacific region is number one. Hong Kong, Singapore, Australia and New Zealand are all on top while the world's largest economy, America's, barely cracks the top ten.

The ranking is based on 10 indicators like government spending, trade and labor market freedom. The top ten are:

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LOLOL @ Canada being up there, yall have no idea how hard it is to start businesses in Canada shit is fucking bullshit. Not surprised at Switzerland or Hong Kong tho. Switzerland has to be really flexible, they sit in between Germany, Italy, Spain & France and people looooove the tax incentives they have out there.

I was surprised to see Australia up there tho. If America wasn't dealing with the fiscal cliff issue before this was published they'd probably have been in the top 5.

How is this a bad thing? If you notice most of the countries above us are much smaller and have far less complexity to worry about. They are more comparable to one our larger state economies than that of the entire U.S.